| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| LOCKTON COMPANIES, LLC3 Filed as: LOCKTON COMPANIES LLC | PO BOX 123042 DALLAS, TX 753123042 | METROPOLITAN LIFE INSURANCE COMPANY | $34K | $16 | $34K | 10.25% |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| FINDLEY, INC EIN 34-1213174 NONE | Consulting (general); Direct payment from the plan Service code 16 | — | $576K |
| HEWITT ASSOCIATES LLC EIN 36-2235791 NONE | Consulting (general); Direct payment from the plan Service code 16 | — | $106K |
| WILLIS TOWERS WATSON EIN 53-0181291 NONE | Direct payment from the plan; Actuarial Service code 11 | — | $42K |
| US BANK EIN 31-0841368 TRUSTEE | Direct payment from the plan; Custodial (other than securities); Trustee (bank, trust company, or similar financial institution) Service code 18 | — | $33K |
| J.P. MORGAN INVESTMENT MANAGEMENT EIN 13-3200244 NONE | Investment management fees paid directly by plan; Investment management; Direct payment from the plan; Investment advisory (plan) Service code 27 | — | $30K |
| BOBER MARKEY FEDOROVICH EIN 34-1523030 NONE | Accounting (including auditing); Direct payment from the plan Service code 10 | — | $26K |
| NORTHERN TRUST GLOBAL INVESTMENT EIN 45-6138589 NONE | Investment management fees paid directly by plan; Investment management; Direct payment from the plan; Investment advisory (plan) Service code 27 | — | $25K |
Benefits declared on the Form 5500 main form (✓ = also has a Schedule A insurance contract; otherwise the benefit is funded out of plan assets or via a Schedule C TPA).
The plan reports several different headcounts depending on which form you read. Each one measures a different slice of the population.
| Active participants | 0 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 2,408 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 3 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 2,411 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical)(3 contracts, 3 carriers) | AULTCARE HEALTH INSURING CORPORATION | 2,035 | $11.4M |
| Life insurance | METROPOLITAN LIFE INSURANCE COMPANY | 3,101 | $327K |
| Prescription drug(3 contracts, 3 carriers) | AULTCARE HEALTH INSURING CORPORATION | 2,035 | $11.4M |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 3,101 | — |
Why the numbers differ. Form 5500 line 6 counts employees + retirees + beneficiaries; no dependents. Schedule A persons-covered counts everyone enrolled, including spouses and children, so it usually exceeds line 6 by 30-60% on a working-age workforce. The medical row is normally the broadest single line because it has the highest take-up; dental/vision/life often dip below it. Stop-loss / reinsurance contracts sometimes report the carrier's full underwriting pool rather than this filer's headcount; the row is shown for transparency but shouldn't be read as "people in this plan."
Total premium grew more than 20% over prior year. Renewal pain — prime candidate for re-shopping the carriers.
Broker comp is under 1% of premium on a >$1M plan. Plan may be flying solo or paying a flat fee — consultant sales target.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.